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Cakes, Pastries, and Sweet Pies Market 2019: Comprehensive Analysis by Top Key Companies, Industry Growth, Size, Share, Market Insights, Sales Volume and Forecast to 2024

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The “Cakes, Pastries, and Sweet Pies Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Cakes, Pastries, and Sweet Pies market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Cakes, Pastries, and Sweet Pies market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • The Cakes market is forecasted to reach USD 137 billion by 2024, registering a CAGR of 3.5% during the forecast period (2019 – 2024)
  • – Increasing consumption of ready-to-eat food and convenience products, with changing food preferences and demand for flavored food products, is pushing the revenue generation in the global cakes, pastries, and sweet pies market.
  • – Introduction of bakery products, including cakes, pastries, and sweet pies, with health claims, such as lower amounts of high-fructose corn syrup and sodium and higher amounts of fiber, is expected to attract consumers to such products, and thus, help the overall market to grow.

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    In Cakes, Pastries, and Sweet Pies Market Report, Following Companies Are Covered:

  • American Baking Company
  • Britannia
  • Euro Cakes
  • General Mills
  • Flower Foods
  • George Weston
  • Grupo Bimbo
  • McKee Foods

    Cakes, Pastries, and Sweet Pies Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • The scope of the market includes Cakes, pastries and Sweet Pies by Product type. By distribution channel, the market is categorized as supermarkets/ hypermarkets, Specialist Retailers, Convenience stores, and others.

    Reasons for Buying Cakes, Pastries, and Sweet Pies Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Convenience Factor for Ready-To-Eat Products

    The definition of convenience is evolving with dynamic demands from consumers. Cake mixes were one of the bakery products that gave birth to the concept of “convenience”. As evident from the graph, the ingredient level modification is driving the growth of the health category of bakery products in the developed market. The convenience that Cake products offer is increasingly turning multi-faceted, which is expected to continue to evolve in the foreseeable future. The bakery products are also witnessing additional attributes, such as being healthy, ethical, and comforting. In the United States and Western Europe, the bakery product market is a mature and fragmented one. Product innovation is, therefore, a key differentiator. Manufacturers are adapting their products to meet health-orientated consumer trends and developing higher-margin convenience formats.

    Asia Pacific Accounts for Maximum Revenue Share

    The consumption of cake in the developed regions is based on certain factors, like competition among brands, convenience, and health attribute. There is a growing demand in the decorated cake segment. This consumer shift is due to the rise in disposable income and preference for innovative products. In Europe, especially in United Kingdom cakes, pastries, and sweet goods dominated the market with the rise in number new-product launches in the past few years. Asia-Pacific is becoming a key market, as rising disposable income, urbanization, and the demand for western-style diets are supporting the growth in sales of baked goods and cakes in particular. China is set to become the second largest baked goods market globally by 2022, with cakes being one of the most popular segment. These markets are attractive to major corporates, which see the potential for significant sales growth.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Cakes, Pastries, and Sweet Pies create from those of established entities?

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    Detailed TOC of Cakes, Pastries, and Sweet Pies Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY
    3.1 Market Overview

    4 MARKET DYNAMICS
    4.1 Market Drivers
    4.2 Market Restraints
    4.3 Porters Five Forces Analysis
    4.3.1 Threat of New Entrants
    4.3.2 Bargaining Power of Buyers/Consumers
    4.3.3 Bargaining Power of Suppliers
    4.3.4 Threat of Substitute Products
    4.3.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product Type
    5.1.1 Cakes
    5.1.2 Pastries and Sweet Pies
    5.2 By Distribution Channel
    5.2.1 Supermarkets/ Hypermarkets
    5.2.2 Specialist Retailers
    5.2.3 Convenience Stores
    5.2.4 Other Distribution Channels
    5.3 Geography
    5.3.1 North America
    5.3.1.1 United States
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.1.4 Rest of North America
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 United Kingdom
    5.3.2.3 France
    5.3.2.4 Italy
    5.3.2.5 Russia
    5.3.2.6 Spain
    5.3.2.7 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 India
    5.3.3.2 China
    5.3.3.3 Australia
    5.3.3.4 Japan
    5.3.3.5 Rest of Asia-Pacific
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 UAE
    5.3.5.2 South Africa
    5.3.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Market Share Analysis
    6.2 Most Active Companies
    6.3 Most Adopted Strategies
    6.4 Company Profiles
    6.4.1 American Baking Company
    6.4.2 Britannia
    6.4.3 Euro Cakes
    6.4.4 General Mills
    6.4.5 Flower Foods
    6.4.6 George Weston
    6.4.7 Grupo Bimbo
    6.4.8 McKee Foods

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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